Entrepreneurship in Africa Through the Eyes of Gedi

30 Pages Posted: 5 Jul 2013 Last revised: 17 Dec 2014

See all articles by Zoltan J. Acs

Zoltan J. Acs

Schar School of Policy and Government

László Szerb

University of Pécs

Scott Jackson

United States Agency for International Development (USAID)

Date Written: July 4, 2013

Abstract

Since the 1990s, several new indices like the Index of Economic Freedom, Doing Business, Global Competitiveness Index, have been created to achieving real progress in modernizing the business climates of developed and developing countries alike. These indicators however are focused largely on ameliorating burdens for current business, addressing issues with property rights, processes, etc. While necessary conditions, in the public effort to improve the economic incentives and create employment, they remain insufficient to foster the economic font of development: entrepreneurship. It has to be clear that entrepreneurship, and entrepreneurship policy is not merely about small business, or even at times about business at all, but about creating environments where people are able to perceive entrepreneurial opportunities, opportunities to improve their lives and be empowered by the environment to act upon their visions. While much has been written about the Global Entrepreneurship Monitor (GEM) and increasingly about the Global Entrepreneurship Development Index (GEDI), this paper represents the first attempt to examine private enterprise development in Africa.

Keywords: Africa, GEDI, GEM, development, entrepreneurship

Suggested Citation

Acs, Zoltan J. and Szerb, Laszlo and Jackson, Scott, Entrepreneurship in Africa Through the Eyes of Gedi (July 4, 2013). GMU School of Public Policy Research Paper No. 2013-12. Available at SSRN: https://ssrn.com/abstract=2289859 or http://dx.doi.org/10.2139/ssrn.2289859

Zoltan J. Acs (Contact Author)

Schar School of Policy and Government ( email )

Founders Hall
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Arlington, VA 22201
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703-993-1780 (Phone)

HOME PAGE: http://home.ubalt.edu/zacs

Laszlo Szerb

University of Pécs ( email )

Rákóczi st. 80
Pécs, 7622
Hungary

HOME PAGE: http://ktk.pte.hu/en/department-quantitative-management/laszlo-szerb

Scott Jackson

United States Agency for International Development (USAID) ( email )

1300 Pennsylvania Avenue NW
Washington, DC 20577
United States

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